FTWD.DE vs. CSY9.DE
FTWD.DE (Invesco FTSE All-World UCITS ETF USD Distribution) and CSY9.DE (CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD) are both Global Equities funds - FTWD.DE tracks the FTSE All-World Index while CSY9.DE tracks the MSCI World ESG Leaders Minimum Volatility. Both are passively managed. Over the past year, FTWD.DE returned 26.51% vs 8.87% for CSY9.DE. A 0.59 correlation means they provide meaningful diversification when combined. FTWD.DE charges 0.15%/yr vs 0.25%/yr for CSY9.DE.
Performance
FTWD.DE vs. CSY9.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FTWD.DE achieves a 14.08% return, which is significantly higher than CSY9.DE's 6.58% return.
FTWD.DE
- 1D
- 0.52%
- 1M
- 0.92%
- 6M
- 14.25%
- YTD
- 14.08%
- 1Y
- 26.51%
- 3Y*
- 17.83%
- 5Y*
- —
- 10Y*
- —
CSY9.DE
- 1D
- 0.00%
- 1M
- 3.45%
- 6M
- 7.81%
- YTD
- 6.58%
- 1Y
- 8.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTWD.DE vs. CSY9.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FTWD.DE Invesco FTSE All-World UCITS ETF USD Distribution | 14.08% | 9.08% | 9.22% |
CSY9.DE CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD | 6.58% | -0.67% | 3.39% |
Correlation
The correlation between FTWD.DE and CSY9.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Aug 26, 2024 | 0.59 |
The correlation between FTWD.DE and CSY9.DE shifts across timeframes, from 0.48 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FTWD.DE vs. CSY9.DE — Risk / Return Rank
FTWD.DE
CSY9.DE
FTWD.DE vs. CSY9.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF USD Distribution (FTWD.DE) and CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD (CSY9.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FTWD.DE | CSY9.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.19 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 1.99 | +2.08 |
| Martin ratioReturn relative to average drawdown | 16.12 | 5.64 | +10.48 |
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Drawdowns
FTWD.DE vs. CSY9.DE - Drawdown Comparison
The maximum FTWD.DE drawdown since its inception was -21.01%, which is greater than CSY9.DE's maximum drawdown of -13.92%. Use the drawdown chart below to compare losses from any high point for FTWD.DE and CSY9.DE.
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Drawdown Indicators
| FTWD.DE | CSY9.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.01% | -13.92% | -7.09% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -4.48% | -2.01% |
Max Drawdown (3Y)Largest decline over 3 years | -21.01% | — | — |
Current DrawdownCurrent decline from peak | -0.13% | 0.00% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -3.16% | -4.70% | +1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.64% | 1.58% | +0.06% |
Volatility
FTWD.DE vs. CSY9.DE - Volatility Comparison
Invesco FTSE All-World UCITS ETF USD Distribution (FTWD.DE) has a higher volatility of 3.62% compared to CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD (CSY9.DE) at 2.07%. This indicates that FTWD.DE's price experiences larger fluctuations and is considered to be riskier than CSY9.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTWD.DE | CSY9.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 2.07% | +1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 8.60% | 5.58% | +3.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.89% | 8.17% | +3.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.70% | 10.91% | +2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.70% | 10.91% | +2.79% |
FTWD.DE vs. CSY9.DE - Expense Ratio Comparison
FTWD.DE has a 0.15% expense ratio, which is lower than CSY9.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FTWD.DE vs. CSY9.DE - Dividend Comparison
FTWD.DE's dividend yield for the trailing twelve months is around 1.23%, while CSY9.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CSY9.DE CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD | 0.00% | 0.00% | 0.00% | 0.00% |
FTWD.DE Invesco FTSE All-World UCITS ETF USD Distribution | 1.23% | 1.36% | 1.49% | 0.70% |
Frequently Asked Questions
FTWD.DE and CSY9.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FTWD.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FTWD.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for CSY9.DE.
FTWD.DE tracks FTSE All-World Index, while CSY9.DE tracks MSCI World ESG Leaders Minimum Volatility. They also come from different issuers: Invesco and Credit Suisse. Their fees differ too: 0.15% for FTWD.DE and 0.25% for CSY9.DE.
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